This property is no longer on the market
5 bedroom terraced house
Key information
Property description & features
- Tenure: Freehold
- 1318sqft
- Five double bedrooms
- Sitting room
- Kitchen
- Shower room & additional W.C
- South facing rear garden
- Off street parking
- Let through to summer 2025
- Retained character features
1318sqft of accommodation over two storeys housing five proper double bedrooms, sitting room, kitchen, shower room and extra W.C. Potential to re-configure or extend as neighbours have done to enhance income. Currently licensed and occupied as a five bedroom HMO with tenants in place until summer 2025. South facing low maintenance rear garden and off street parking. Excellent internal presentation enhanced with a great deal of retained character.
Current yield 6.38% - rising to 6.96% for 2024/25.
A superbly spacious investment in an extremely accessible location for local amenities, bus routes and the city centre.
EPC rating D
Council tax band D
Tenure Freehold
Rooms
Accommodation
Currently 1318sqft over two storeys with precedent on the terrace for further expansion into the loft. Ground floor houses two double bedrooms, hall, sitting room and rear kitchen. First floor has three further double bedrooms, shower room, separate W.C and landing.
Capacity for internal re-configuration to add extra bedrooms without further extension subject to necessary permissions and re-licensing.
External Amenities
South facing rear garden of approx 36ft x 17ft ending in off street parking for two (small) vehicles accessed via rear lane. Directly behind the property is a small riverside park.
Location
Just outside the mile mark (Cork Place) to the Guildhall in the city centre, a Tescos within sight at the old police station on Windsor Bridge and handy for Chelsea Rd amenities 800yds to the north west. Bus routes into town and towards Bristol right outside. Riverbank cyclepath just across the park at the rear of the terrace with access via footbridge to Lidl on the Lower Bristol Rd.
Agents Notes
The property is a licensed HMO let for the current academic year and again for the 2024/25 year. The current tenancy ends on 6th July 2024 at a monthly rent of £2750pcm. The next tenancy starts a week later and ends on the 13th July 2025 at a monthly rent of £3000pcm. Offered for sale as a going concern with tenants and inventory in situ.
This terrace was originally constructed from 1890 on the grounds of an old nursery and this property was occupied from 1895 by a Mrs Sarah Thornthwaite, followed by Albert H White (1895) who was the secretary of the Bath YMCA in Broad St. The occupations of the original terrace owners were rather varied and included a horse slaughterer, a heraldic painter, two carpenters, a piano tuner, a grocers manager and an inspector of telegraph boys.
Property information from this agent
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Broadband availability and predicted speed: obtained from Ofcom on January 25, 2022
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